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TSMC sales dropped between January and February, improved on the year

By: Olivia 2021-03-11 07:35 (UTC+0)

Foundry giant TSMC reports February consolidated net revenue of NT$106.53B, down 16% from January but up 14% on the year.

Sales hit a seven-month low, falling back from record Q4 revenue.

Revenue for January and February 2021 totaled NT$233.28B, up 18% compared to the same period in 2020.

Last week, semiconductor industry association SIA said global semi sales were up 13% on the year and 1% on the month in January to $40B.